Wednesday, January 24, 2024 6:40:03 PM
January 24 2024
https://ih.advfn.com/stock-market/NYSE/hyliion-HYLN/stock-news/93126510/hyliion-begins-printing-production-intent-design-c
Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity-producing technology, today announced that it has begun printing parts for its production-intent design of the KARNO generator (BETA).
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240124934250/en/
The KARNO generator leverages additive manufacturing for production of many of its components including all critical heat exchangers and thermodynamics systems. This innovative manufacturing process not only enhances the precision and quality of these components but also contributes to the overall improved efficiency of the generator.
“We are thrilled to begin printing the production-intent design of the KARNO generator which showcases another major step on our path to deploying this technology with customers,” said Thomas Healy, Founder and CEO of Hyliion. “The initial 200 kW BETA units will operate at our Cincinnati, Ohio, development facility in order to confirm the superior efficiency levels, ultra-low emissions, and long runtime between maintenance.”
This significant achievement highlights that Hyliion has completed designs of the major components of the BETA version of the KARNO generator, and it is now ready for final validation. Throughout 2024, Hyliion will be completing testing and verification of the BETA generator to prepare for initial deployments to early adopters of the technology later this year. Hyliion will continue to improve the system design and leverage the flexible capabilities of additive manufacturing. Hyliion is well-positioned to meet the milestones previously outlined for the completion of BETA development by the first half of 2024.
Today, Hyliion’s Founder and CEO, Thomas Healy, will be a featured speaker on "Modern Electrification Needs and the Rise of Distributed Power Generation" at the POWERGEN International Conference in New Orleans, LA.
Watch the livestream of the presentation at 2:00 p.m. CT on Wednesday, January 24th, 2024: bit.ly/3O4ja6A
About the KARNO Generator
The KARNO generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. Modular in design, the generator is expected to show up to 50% fuel efficiency, require significantly lower maintenance costs, and have a much lower emissions profile than conventional generators. It is also capable of operating on over 20 different fuels, including hydrogen, natural gas, propane, ammonia and conventional fuels.
About Hyliion
Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The Company’s primary focus is to provide distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, Ohio, Hyliion is addressing the commercial space first with a locally deployable generator that can offer prime power, peak shaving, and renewables matching. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. For further information, please visit www.hyliion.com.
Recent HYLN News
- Montana Technologies Corp. Expands Management Team with Key Appointments • PR Newswire (US) • 05/07/2024 08:30:00 PM
- Hyliion Holdings Reports First-Quarter 2024 Financial Results • Business Wire • 04/30/2024 09:30:00 PM
- Hyliion and Victory Execute Letter of Intent to Deploy up to 10 KARNO™ Generators to H2 Energy Group • Business Wire • 04/29/2024 09:16:00 PM
- Hyliion and BayoTech Partner to Provide Sustainable Power with Hydrogen Hubs and the KARNO™ Generator • Business Wire • 04/25/2024 12:30:00 PM
- Hyliion Holdings Schedules First Quarter Financial Results Conference Call and Webcast for May 1, 2024 • Business Wire • 04/18/2024 07:00:00 PM
- Hyliion Hosts a KARNOTM Technology Showcase Event at its New Cincinnati, Ohio, Facility • Business Wire • 03/18/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/04/2024 01:31:55 PM
- Hyliion Regains Compliance with NYSE Continued Listing Standards • Business Wire • 03/04/2024 01:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 11:31:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 11:30:02 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/29/2024 11:29:20 PM
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